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CSOB’s Q1 profit drops

Net profit of CSOB bank branch in Slovakia dropped to Skk 44.7m (€1.15m) in 1Q, a decrease of Skk171m compared to the same period last year, spokeperson of CSOB branch in Slovakia, Marta Krejcarova announced. CSOB group also includes a factoring...

Three banks control 95% of micro credit industry

Three Chilean banks - BancoEstado, Banco del Desarrollo and Santander Santiago dominate the local micro credit industry with some 95%…

#bank#banks#risk


GM looks to protect GMAC’s credit rating

General Motors is exploring ways to separate its own battered credit rating from that of General Motors Acceptance Corporation (GMAC),…

#funding#risk#Two


Exim Bank Korea opens office in Dubai

The Export-Import Bank of Korea, the official export credit agency, launched its first office in the region on Monday by…

#bank#Exim Bank#international


Top- level resignations at GMAC prompt urgent talks with...

One of the UK’s most prominent factoring organisations, GMAC, is today, faced with the urgent task of replacing three of…

#interest


FDA research reveals SME Directors’ top business and personal...

Research released today by the Factors and Discounters Association (FDA) reveals that being able to provide for retirement was the…

#bank#cash-flow#invoice


Experian expands its market leading fraud solutions business

Experian®, the global information solutions company, has strengthened its fraud solutions team with three new high profile appointments. Michael Fuller…

#anti-money laundering#bank#financial services


Venture Finance appoints new regional director Wales and West

Venture Finance today announced its continued expansion across the UK, with the appointment of Kelvin Thomas as regional director for…

#bank#commercial finance#invoice


Credit line for SMEs of Ft 25 bn

The Economy and Transport Ministry, the Hungarian Investment and Trade Development Kht (ITD Hungary) and the Hungarian Development Bank Rt…


Export association and Interseguros developed credit insurance product

Costa Rica's export association and insurance company Interseguros have developed a credit insurance product for exporters, covering up to 88…


DCCI and Coface partnership to provide credit rating services...

Dubai Chamber of Commerce & Industry (DCCI) is to provide the companies and establishments in Dubai with the Credit Rating…


ID theft costs UK businesses more than Ј50 million...

UK businesses are being duped out of more than £50 million every year by organised criminals and fraudsters hijacking companies…

Nine new members joining FCI

During the April 2005 meeting of the FCI Executive Committee, nine new members were admitted, including two members from a…

#bank#Executive Committee#Two

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